Montgomery County, Tennessee
Income Data
At a Glance
How Montgomery County Compares
Detailed Income Statistics
Data Story
About Household Income in Montgomery County, Tennessee
Montgomery County approaches the national income median
Montgomery County's median household income of $72,365 falls just $2,390 short of the national median of $74,755, positioning it in the solid middle-income category. Per capita income of $33,645 exceeds the state average of $31,458 by 7%, indicating above-average earning power across the community.
Top earner among Tennessee sample counties
Montgomery County earns $13,371 more per household than the Tennessee state average of $58,994, ranking it among the state's highest-income communities. This 23% advantage reflects strong employment opportunities and a skilled workforce base.
Second-strongest income in the region
Montgomery County's $72,365 income trails only Maury County ($74,162) in the region and outpaces Marshall County ($70,829) slightly. The county is part of a cluster of four high-income communities (Maury, Marshall, Montgomery) separated from lower-income counties by $15,000+ in median income.
Housing costs stretch budgets here
Montgomery County's rent-to-income ratio of 20.2% puts housing costs at the higher end of the acceptable range, signaling budget pressure for median-income households. A median home value of $248,300 requires substantial savings or dual incomes to achieve homeownership at the county median.
Optimize homeownership and investment timing
Montgomery County's strong incomes paired with elevated housing costs create urgency around homeownership timing and investment strategy. Lock in current property values through strategic home purchases, maximize retirement contributions, and consider diversified investments to protect gains as housing costs potentially rise.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Montgomery County median
County median: $72,365 per year
vs. County Median
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vs. State Average
+23%
vs. National Median
-3%
Income Adequacy
Your monthly income ($6,030) vs. median rent ($1,219/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.